Common use of TERMS AND CONDITIONS OF THE AGREEMENT Clause in Contracts

TERMS AND CONDITIONS OF THE AGREEMENT. Applied to the Depositor(s) 10.1. For the purposes of the Agreement, the terms and conditions of the Agreement shall apply in full to the Persons indicated in the definition of the “Depositor”, except when due to the legal status of relevant Person (physical person, legal entity or other organizational formation) particular condition cannot be applied to such Person. 10.2. In case the Party of the Agreement is represented by more than one Depositors: 10.2.1. Each such Depositor represents a joint debtor of the Bank for claims/liabilities arising from the Agreement and, accordingly: 10.2.1.1. the Bank may discharge its obligations under the Agreement at its discretion towards any Depositor. Furthermore, the discharge in full of obligations towards one of the Depositors relieves the Bank of obligations towards the rest of the Depositors; 10.2.1.2. if one of the joint Depositors refuses the claim against the Bank, the Bank will be relieved only of the part of the payment due to such Depositor. Furthermore, each joint Depositor is entitled to equal part as regards the Bank. 10.2.2. joint responsibility of each Depositor applies to the obligations stipulated by the Agreement and in accordance with them: 10.2.2.1. facts related to one of the Depositors are applied to other Depositors, provided that not using its rights by the Bank towards any of the Depositors (in full or partially) shall not apply to other Depositors and shall not exempt them from relevant obligations; 00.0.0.0. Xx case one of the Depositors breaches the Agreement, the Bank is authorized to apply claim(s) and use rights established by the Agreement and/or Legislation against any Depositor.

TERMS AND CONDITIONS OF THE AGREEMENT. Applied to the Depositor(s) 10.1. For the purposes of the Agreement, the terms and conditions of the Agreement shall apply in full to the Persons indicated in the definition of the “Depositor”, except when due to the legal status of relevant Person (physical person, legal entity or other organizational formation) particular condition cannot be applied to such Person. 10.2. In case the Party of the Agreement is represented by more than one Depositors: 10.2.1. Each each such Depositor represents a joint debtor of the Bank for claims/liabilities arising from the Agreement and, accordingly: 10.2.1.1. the Bank may discharge its obligations under the Agreement at its discretion towards any Depositor. Furthermore, the discharge in full of obligations towards one of the Depositors relieves the Bank of obligations towards the rest of the Depositors; 10.2.1.2. if one of the joint Depositors refuses the claim against the Bank, the Bank will be relieved only of the part of the payment due to such Depositor. Furthermore, each joint Depositor is entitled to equal part as regards the Bank.; 10.2.2. joint responsibility of each Depositor applies to the obligations stipulated by the Agreement and in accordance with them:; 10.2.2.1. facts related to one of the Depositors are applied to other Depositors, provided that not using its rights by the Bank towards any of the Depositors (in full or partially) shall not apply to other Depositors and shall not exempt them from relevant obligations; 00.0.0.010.2.2.2. Xx In case one of the Depositors breaches the Agreement, the Bank is authorized to apply claim(s) and use rights established by the Agreement and/or Legislation against any Depositor.

TERMS AND CONDITIONS OF THE AGREEMENT. Applied to the Depositor(s) 10.1. For the purposes of the Agreement, the terms and conditions of the Agreement shall apply in full to the Persons indicated in the definition of the “Depositor”, except when due to the legal status of relevant Person (physical person, legal entity or other organizational formation) particular condition cannot be applied to such Person. 10.2. In case the Party of the Agreement is represented by more than one Depositors: 10.2.1. Each each such Depositor represents a joint debtor of the Bank for claims/liabilities arising from the Agreement and, accordingly: 10.2.1.1. the Bank may discharge its obligations under the Agreement at its discretion towards any Depositor. Furthermore, the discharge in full of obligations towards one of the Depositors relieves the Bank of obligations towards the rest of the Depositors; 10.2.1.2. if one of the joint Depositors refuses the claim against the Bank, the Bank will be relieved only of the part of the payment due to such Depositor. Furthermore, each joint Depositor is entitled to equal part as regards the Bank.the 10.2.2. joint responsibility of each Depositor applies to the obligations stipulated by the Agreement and in accordance with them:; 10.2.2.1. facts related to one of the Depositors are applied to other Depositors, provided that not using its rights by the Bank towards any of the Depositors (in full or partially) shall not apply to other Depositors and shall not exempt them from relevant obligations; 00.0.0.010.2.2.2. Xx In case one of the Depositors breaches the Agreement, the Bank is authorized to apply claim(s) and use rights established by the Agreement and/or Legislation against any Depositor.